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You are going to pay $500 into an account on a monthly basis for the next 20 years. There will be no additional deposits made
You are going to pay $500 into an account on a monthly basis for the next 20 years. There will be no additional deposits made in years 21 to 40. Assume this investor earns 10% compounded monthly. What will be the balance in this account at the end of the 40th year
please solve using a financial calculator.
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